Wuhan Jingce Electronic Group Co.,Ltd. Posted 3.9 Million Yuan Net Loss in First Half of 2022

Wuhan Jingce Electronic Group Co.,Ltd. (武汉精测电子集团股份有限公司) (300567.SZ) reported a net loss of 3.9 million yuan in the first half of 2022, reversing a net profit of 121.3 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.1 billion yuan in revenue, down 14.4% year-on-year.

At the end of the reporting period, it had 6.9 billion yuan in total assets and 3.5 billion yuan in total liabilities, with a liability-to-asset ratio of 51.1%.